Banka BioLoo LimitedQ1 FY27 Results & Financial Update
Banka BioLoo Limited: Q1 FY27 consolidated results and company financials – revenue ₹10.55 Cr, PAT ₹-0.04 Cr. Explore reported YoY/QoQ movements, margins, business drivers and management commentary. This page does not provide a rating, target price or investment recommendation.
Quarter at a glanceCurrent reported figures.Change figures appear when a comparable reported period is available.
Find an answer
Ask this result
Chart · Market context
Banka BioLoo price & chart
Market price₹66.87
1Y return—Price return
Loading market chart…
TradingView Lightweight Charts™ · Copyright © 2025 TradingView, Inc.TradingView
Market chartPrice chart temporarily unavailableThe price chart could not be loaded right now. The reported financial results remain available above.
Spotted a factual error?Tell us the number, date or statement and we will re-check the underlying records and calculations.Report an error
Quarterly Results AnalysisExplore Banka BioLoo Q1 FY27 quarterly results and earnings: revenue, profit (PAT), EBITDA, margins, YoY and QoQ growth, order book or business updates where reported, financial performance and management commentary. Reported figures and Nivata calculations are shown separately; no buy, sell or hold recommendation is provided.
Quarter overview
Quarterly earnings analysis
During the first quarter of fiscal 2027, ended 30 June 2026, Banka BioLoo reported consolidated revenue from operations of INR 10.55 crore and total income of INR 10.65 crore.
The company registered a loss before tax (PBT) of INR 0.0906 crore and a narrow net loss after tax (PAT) of INR 0.0393 crore, translating to a basic and diluted earnings per share of INR -0.01.
Finance costs for the quarter stood at INR 1.1616 crore, reflecting ongoing funding obligations associated with asset ownership and project deployment across the group's operating structure.
Depreciation and amortisation expenses amounted to INR 0.8477 crore, driven by the expanding base of commissioned water treatment assets and infrastructure installations.
Other income contributed INR 0.1021 crore to the quarterly financial results, supporting overall top-line performance alongside core operational billings.
The reported tax credit of INR 0.0466 crore helped cushion the bottom line, leaving the consolidated net result close to breakeven for the three-month reporting window.
Management continues to prioritize the translation of its contracted order book and work-in-progress projects into commissioned service delivery, recurring billing, and cash collections under its FY27 strategic scorecard.
01 · Business model
What does Banka BioLoo do?
Banka BioLoo Limited operates in the water and sanitation services sector, providing sustainable solutions including bio-toilets, sewage treatment plants, and decentralized water management systems.
The company functions through an integrated group model involving Banka Bio as the operating and engineering arm (OpsCo) handling execution, operations, and maintenance, alongside Megaliter Varunaa as the holding and asset platform (HoCo) that funds, owns, and contracts treatment assets.
Banka BioLoo serves a diverse clientele across residential, commercial, and institutional segments, delivering long-term service agreements and recurring subscription fees tied to wastewater treatment and recycling infrastructure.
02 · Historical context
What shaped the business before this quarter
Earlier, Megaliter Varunaa raised INR 10 crore in equity proceeds from outside shareholders to strengthen liquidity and support its integrated asset-owning model.
The company expanded its footprint to 16 contracted projects representing a portfolio lifetime value (LTV) of INR 122+ crore, with 14 projects operating and 2 under work-in-progress by the end of FY26.
03 · Financial snapshot
Current-quarter financial snapshot
| Metric | Q1 FY27 |
|---|---|
| Revenue from operations | ₹10.55 Cr |
| Total income | ₹10.65 Cr |
| Profit before tax | ₹-0.09 Cr |
| Profit after tax | ₹-0.04 Cr |
| EPS | ₹-0.01 |
04 · Why it moved
Why the quarter looked the way it did
What drove revenue
Generated INR 10.55 crore in quarterly revenue from engineering, commissioning, and long-term operations and maintenance services.
Added INR 0.1021 crore from miscellaneous income streams during the quarter.
What drove margins
Finance costs of INR 1.16 crore and depreciation of INR 0.85 crore exert continuous pressure on profitability, constraining net margins despite stable operating revenue.
A net tax credit of INR 0.0466 crore partially offset pre-tax losses during the period.
05 · Demand, customers & order book
Where demand is coming from
Maintains an unexecuted order book of INR 107 crore across Banka RAIL and Banka WaSH segments, with INR 70 crore identified for execution over the next 12 months.
The Banka WaSH division accounts for INR 56 crore of the total order book.
Cumulative portfolio lifetime value stands at INR 122+ crore across 16 contracted projects, with approximately 80% revenue remaining to be recognized.
06 · Segments, products & geography
Which parts of the business are doing the work
Geography and market mix
Execution and commissioning activities remain active across multiple regional hubs, including ongoing work-in-progress projects in Hyderabad, Mumbai, Bengaluru, and Kerala.
07 · Capacity, projects & execution
What is being built, commissioned or delivered
Capacity, production and utilisation
Out of 16 contracted projects, 14 are operational while 2 remain under work-in-progress schedules, awaiting final commissioning.
Projects, capex and execution
Ongoing capital deployment is directed toward commercial assets in Hyderabad, Mumbai, and Bengaluru, alongside water quality system installations in Kerala.
08 · Strategy & new businesses
How the company is trying to change its growth mix
Leveraging the synergy between Banka Bio (engineering and operations) and Megaliter Varunaa (funding, asset ownership, and contracting) to secure long-term recurring subscription revenue.
Expanding digital performance monitoring across treatment assets to track uptime and service quality.
09 · Reported developments
What changed operationally
Delivered steady quarterly revenue of over INR 10.5 crore, demonstrating consistent baseline commercial activity.
10 · Pressure points & risks
What is not going smoothly
Reported a modest net loss of INR 0.0393 crore and PBT loss of INR 0.0906 crore as finance and depreciation expenses outweighed operating gross margins.
11 · Cash flow & balance sheet
Profit is one thing. Cash and funding tell another part of the story.
Management emphasizes working-capital discipline to convert completed work and trade receivables (standing at INR 29.15 cr at FY26 close alongside contract assets of INR 9.42 cr) into cash.
Capital allocation & funding
Consolidated total borrowings stood at INR 39.35 crore at the close of FY26 against cash and cash equivalents of INR 10.21 crore, with an adjusted net debt to equity ratio of 0.73x.
12 · Management guidance & targets
What management is targeting from here
Management's stated priorities for FY27 are to commission the project portfolio, improve collections, strengthen recurring operating profitability, maintain funding discipline, and digitize operations.
Maintains a 2030 operating ambition of achieving 15+ billion litres of annual water recycling.
13 · Beyond the numbers
What changed beyond the numbers
Reported update
AGM Presentation Focus
The company's annual general meeting presentation for FY25-26 highlighted the transition from earnings recovery in FY26 toward cash conversion and sustainable profitability in FY27 under the theme 'Consistency That Compounds'.
14 · Key Q&A
The quarter, answered directly
What does Banka BioLoo do?
Banka BioLoo Limited operates in the water and sanitation services sector, providing sustainable solutions including bio-toilets, sewage treatment plants, and decentralized water management systems.
What is the clearest takeaway from Q1 FY27?
During the first quarter of fiscal 2027, ended 30 June 2026, Banka BioLoo reported consolidated revenue from operations of INR 10.55 crore and total income of INR 10.65 crore.
What drove revenue or demand?
Generated INR 10.55 crore in quarterly revenue from engineering, commissioning, and long-term operations and maintenance services.
What mattered most for margins or profitability?
Finance costs of INR 1.16 crore and depreciation of INR 0.85 crore exert continuous pressure on profitability, constraining net margins despite stable operating revenue.
What changed operationally beyond the headline numbers?
Out of 16 contracted projects, 14 are operational while 2 remain under work-in-progress schedules, awaiting final commissioning.
What is management guiding or targeting from here?
Management's stated priorities for FY27 are to commission the project portfolio, improve collections, strengthen recurring operating profitability, maintain funding discipline, and digitize operations.
15 · Scenario calculator
Earnings sensitivity: what if growth and margins change?
Starting point
Build your own next-quarter scenario
Reported values are prefilled where a comparable basis is available. Otherwise, the field starts at 0. You can overwrite every field.
Example: enter 10 for 10% revenue growth. Enter -100 for a 1 percentage-point margin decline.
Scenario output
Scenario revenue / income₹0 cr
Scenario profit after tax₹0 cr
Profit change vs base₹0 cr (0%)
Scenario margin0%
Growth needed to keep profit flat after this margin move0%
The calculator holds the selected margin basis constant except for the basis-point adjustment you enter. It does not estimate tax, finance cost, dilution, working capital, valuation or share price.
16 · Next filing checkpoints
What the next disclosure can confirm or change
- 01
Collections and Cash Conversion: Progress in converting contract assets and trade receivables into operating cash flow.
- 02
Profitability Transition: Track the shift from near-breakeven results toward sustainable positive pre-tax and net profitability.
Learn the metrics
Need the concepts first?
Use Nivata’s plain-English guides to understand the accounting terms used in this brief before interpreting them.